Why is Bajaj Housing falling/rising?

As of 29-Aug, Bajaj Housing Finance Ltd is currently priced at 111.35, reflecting a decrease of 0.4, or 0.36%. The stock has been on a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 1.81% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite this, there has been a rise in investor participation, with delivery volume increasing by 6.64% against the 5-day average. The stock has underperformed in the year-to-date comparison, showing a decline of 12.63%, while the Sensex has gained 2.14%. However, the company has demonstrated strong long-term fundamentals, with a 27.65% compound annual growth rate in operating profits and a significant growth in net sales and profits over the last few quarters.
In the broader market context, Bajaj Housing's short-term performance has been relatively better than the benchmark Sensex, which has declined by 1.84% over the past week compared to the stock's decrease of 1.42%. This suggests that while the stock is experiencing a decline, it is not as severe as the broader market's performance. The positive long-term growth indicators, such as consistent profit growth and strong sales figures, may provide some support for the stock in the future, but the current price movement reflects a cautious sentiment among investors amid recent losses.